Public Charity

QUARTER HORSE RACING ASSOCIATION OF INDIANA INC

QUARTER HORSE RACING ASSOCIATION OF INDIANA INC is a private foundation categorized as Public Charity based in SHELBYVILLE, IN. Its most recent IRS filing (2024) reports revenue of $1.5M, expenses of $1.5M, total assets of $1.1M. Imperigo tracks 9 reported grants from this foundation totaling approximately $62K.

EIN: 351494271 SHELBYVILLE, IN Boards of Trade NTEE: S46 Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.5M
Total Assets$1.1M
Grants Given9
Grant Total$62K
Filing Years2019–2024

Mission

THE ASSOCIATIONS MISSION IS TO PROMOTE THE GROWTH, AND ADVANCEMENT OF QUARTER HORSE RACING, BREEDING, AND OWNERSHIP IN INDIANA.

Where $100 goes at Quarter Horse Racing Association of Indiana Inc

How Quarter Horse Racing Association of Indiana Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
The association has approximately 305 members
50% of program spending · Reported in the filing: 305 members
$50
The association received approval from the indiana horse racing commission to be a registered horsemens association to receive funds on behalf of indiana quarter horse horsemen under indiana…
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

SPENCER, IN · 2024
BACKSIDE PROGRAMS
$9,000
OTTO THORWARTH MINISTRIES INC
FAIRLAND, IN · 2024
RELIGIOUS PURPOSES
$6,000
SPENCER, IN · 2023
BACKSIDE PROGRAMS
$9,000
OTTO THORWARTH MINISTRIES INC
FAIRLAND, IN · 2023
RELIGIOUS PURPOSES
$6,000
SPENCER, IN · 2022
BACKSIDE PROGRAMS
$8,500

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

SECRETARY Abbie Haffner
PRESIDENT Chris Duke
DIRECTOR Gary Fouts
TREASURER James Hurley
DIRECTOR Jill Patrick
DIRECTOR Natasha Perez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$50,500 7 grants
Religion & Spirituality
$12,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.5M $1.1M
2023 $1.4M $1.3M $1.0M
2022 $1.4M $1.3M $903K
2020 $1.0M $1.0M $574K
2019 $1.1M $1.1M $531K

Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.5M (+40%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IN.

IN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for QUARTER HORSE RACING ASSOCIATION OF INDIANA INC

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